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Kenya Could Tap Green Shipping Boom to Expand Maritime Economy - October 2026

Kenya has the potential to significantly expand its maritime economy by leveraging its renewable energy resources to become a hub for green shipping fuels, according to the World Shipping Council. This represents an opportunity for Kenya to capitalize on the global shift toward sustainable shipping. Further, Kenya's transition to a circular economy requires stronger policies, suitable financing, and access to technology to create new business and livelihood opportunities by keeping resources in use. Meanwhile, Kenyan household electricity consumption surged by 18.87% in the year ending June 2026, driven by increased usage per customer and a growing customer base, marking a significant rise in domestic power demand.

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Thursday 8:42 AMCapital BusinessFirst

Kenya could tap green shipping boom to expand maritime economy – WSC

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Kenya has the potential to significantly expand its maritime economy by leveraging its renewable energy resources to become a hub for green shipping fuels, according to the World Shipping Council (WSC).

Kenya's renewable energy sources, rated at 93% and 98%, position it well to attract investment in renewable maritime fuels.
The World Shipping Council, represented by Director Government Affairs for Europe and Africa Damian Viccars and VP Communications Anna Larsson, highlighted this opportunity.
The council suggests Kenya can emulate Singapore's model, focusing on transshipment and marine bunkering to develop a broader maritime services ecosystem and create high-value jobs.

Thursday 9:24 AMCapital Business

Strong policies, financing key to Kenya’s circular economy transition

Kenya's transition to a circular economy requires stronger policies, suitable financing, and access to technology to create new business and livelihood opportunities by keeping resources in use.

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Key Highlights

Kenya's transition to a circular economy requires stronger policies, suitable financing, and access to technology to create new business and livelihood opportunities by keeping resources in use.

The 11th Annual Circular Economy Conference highlighted that policy gaps and financing limitations are hindering this shift from a linear "produce, use, dispose" model.
Key stakeholders, including Hand in Hand Eastern Africa CEO Albert Wambugu and Sustainable and Inclusive Business Organization founder Karin Boomsma, emphasized the need for government support and business viability.
Opportunities exist in recycling, repair, refurbishment, and recovery of agricultural and food waste, transforming current "waste" into income sources.

Thursday 10:38 AMCapital Business

Household electricity consumption rises 18.87pc on higher power use

Kenyan household electricity consumption surged by 18.87% in the year ending June 2026, driven by increased usage per customer and a growing customer base. This marks a significant rise in domestic power demand, according to the latest statistics.

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Key Highlights

Kenyan household electricity consumption surged by 18.87% in the year ending June 2026, driven by increased usage per customer and a growing customer base. This marks a significant rise in domestic power demand, according to the latest statistics.

Domestic electricity consumption rose by 686.75 GWh, reaching 4,327.07 GWh.
The Energy and Petroleum Regulatory Authority (EPRA) released the findings in their 2025/2026 Energy and Petroleum Statistics Report.
Despite a decrease in their overall share, large commercial and industrial users remained the biggest consumers, accounting for 47.57% of total electricity use.